\begin{table}[h] \centering
\newcolumntype{R}{>{\raggedleft\arraybackslash}X}
\newcolumntype{L}{>{\raggedright\arraybackslash}X}
\newcolumntype{C}{>{\centering\arraybackslash}X}

\caption{Placebo tests: Effects of a turnover on the change in outcome variables between three years before the election and the year before the election}
\label{tab:placebo_baseline_diff_m1_year_m3}
\begin{tabularx}{\linewidth}{@{}lCCCCCCCC@{}}

\toprule
& (1) & (2) & (3) & (4) & (5) & (6) & (7) & (8) \tabularnewline 
{}&{\textbf{Econ. perf.}}&{GDP p.c. gr.}&{(Minus) Inflation}&{(Minus) Unemp.}&{Trade}&{\textbf{HDI}}&{\textbf{Democ.}}&{\textbf{General index}} \tabularnewline
\midrule \addlinespace[\belowrulesep]
El. turn.&0.079&0.014&0.135&0.260&--0.033&0.165&--0.130&0.003 \tabularnewline
&(0.096)&(0.144)&(0.178)&(0.242)&(0.135)&(0.156)&(0.127)&(0.095) \tabularnewline
p-val&[0.352]&[0.892]&[0.383]&[0.232]&[0.945]&[0.154]&[0.217]&[0.914] \tabularnewline
\midrule N&2148&1873&1826&1236&1693&1215&2173&2338 \tabularnewline
N eff.&957&863&895&543&806&604&947&1047 \tabularnewline
Band.&18.6&19.5&20.0&18.5&19.8&20.9&18.0&19.2 \tabularnewline
\bottomrule \addlinespace[\belowrulesep]

\end{tabularx}
\\ \parbox{\linewidth}{\footnotesize \emph{Notes}: This table reports estimates for equation (\ref{eq:baseline_rdd}), using as a dependent variable the difference in the level of the outcomes three years before the election and the year before the election.}
\end{table}
